kaltbaum premarket
Slow morning for stock news but futures are up…why? Bah blah blah a German court backed gthe several drillions in money printing…and so far, markets love it.
I must warn you though…IF THE FED DOES NOTHING TOMORROW…EXPECT A SELLOFF AS THE FED HAS TELEGRAPHED MORE MONEY PRINTING. I will personally walk into Bernanke’s office and tell him what I think if he now doesn’t print. Let me be clear…I do not like it but he has set the market up for it…a disappointment would not be good.
Today is AAPLE day…no clue whether the IPHONE 5…which I hear will cure cancer…will be a hit or not.
Yesterday, financials and commods had the bid with growth somewhat resting.